Rejected purple dotted line 6320, has respect the rule of the “trend line” and has tested and gone short after breaking through. I see a short to 6200 where they’ll be a retrace and continuation back down or turn bullish and retest 6320.
Trade at your own risk.
Trade at your own risk.
Note
If you got back and look at my daily analysis of FTSE you'd see the likeliness of this market crashing again to previous lows. The charts are unpredictable so speculation and predictions aren't the ones as the chart moves as it likes, expect the unexpected!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.